Today’s market action across junior resources was led by a broad mix of funding activity, development milestones and exploration growth, with ASX gold, critical minerals and resource updates highlighting continued execution across Nevada, Western Australia, Ecuador, Cambodia and Timor Leste.
Catalina Resources (ASX:CTN) secured $3m funding and expanded WA gold exposure. OD6 Metals (ASX:OD6) confirmed high grade Nevada fluorspar, strengthening critical minerals drill targeting. Estrella Resources (ASX:ESR) defined a 621Mt Timor Leste limestone resource supporting commercial negotiations. Everest Metals Corporation (ASX:EMC) outlined a 260,780oz Revere resource supporting development planning. Sunstone Metals (ASX:STM) extended Bramaderos mineralisation, reinforcing Ecuadorian resource expansion potential. Unity Metals (ASX:UM1) intersected new Cambodian gold zones, expanding confidence across Ngot. TG Metals (ASX:TG6) improved Van Uden recoveries, advancing heap leach development. Larvotto Resources (ASX:LRV) advanced Hillgrove tailings recoveries, supplementing future plant feed. Nelson Resources (ASX:NES) secured Nevada tungsten ground beside a Defence backed project. Pure Resources (ASX:PR1) advanced 3 US aligned defence material pathways from Garnet Hill. Xenitra Limited (ASX:XEN) scaled Chinese OPAL sales, expanding distributor reach.
Trading Halt Raising Capital: $AUG, $PLC, $PEN
Runs on the Board: $ORD, $CTN, $BUR
Selection Table: $AUC
Catalina Resources (ASX:CTN) $3m placement funds Mid West gold expansion | | |
Catalina Resources announced a $3 million placement and Mid West project acquisition in Western Australia. The Play - Secured $3 million placement funding for acquisitions and exploration activities
- Executed binding agreement acquiring Mid West and Lake Johnston projects
- Added Kirkalocka, Tallering, Pithara and Warriedar project exposure across WA
- Identified multiple drill ready targets from historical drilling and geophysics datasets
- Acquired Tallering project covering approximately 30km strike length
The Pitch - Kirkalocka project located near 2Mtpa Kirkalocka processing plant
- Pithara project includes historical mine producing approximately 9,000oz at 15.4g/t Au
- Tallering project prospective for gold, silver and copper mineralisation
- Lake Johnston project positioned near proposed 3.2Mtpa processing facility
- Warriedar project located within Yalgoo Singleton Greenstone Belt
The Next Overs - Complete acquisition settlement and placement share issuance
- Progress drilling and exploration across expanded project portfolio
- Seek shareholder approval for acquisition related securities
Read full ASX Announcement here. | | |
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OD6 Metals (ASX:OD6) Historic drilling confirms high grade Nevada fluorspar | | |
OD6 Metals reported historic Horseshoe drilling results grading up to 93.7% CaF₂ at the Quinn Fluorspar Project in Nevada. The Play - Historic drilling confirmed shallow high grade fluorspar mineralisation from surface
- Reported 14.3m at 70.9% CaF₂ from surface and 25.8m at 46.2% CaF₂ from 0.9m
- Peak assay reached 93.7% CaF₂ within Horseshoe drilling results
- Mineral system remains open up dip, down dip and at depth
- Historic drilling targeted southern edge of system rather than high grade core zone
The Pitch - Quinn Fluorspar Project located in Nevada approximately 220km north of Las Vegas
- United States currently imports 100% of domestic fluorspar supply
- Fluorspar classified as a US critical mineral with battery, semiconductor and nuclear applications
- Mineralisation mapped across approximately 3,000m² at Horseshoe prospect
- Recent fieldwork confirmed extensive high grade surface mineralisation
The Next Overs - Receive assay results from recent mapping and sampling programs
- Progress geological modelling and drill target generation
- Initiate permitting for maiden drilling program at Horseshoe
Read full ASX Announcement here. | | |
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Estrella Resources (ASX:ESR) 621Mt maiden limestone resource expands Timor Leste scale | | |
Estrella Resources announced a 621Mt maiden JORC Inferred Resource at Werumata in Timor Leste. The Play - Declared 621Mt maiden JORC Inferred limestone resource at Werumata project
- Reported 493Mt Product 1 resource averaging 83.2% acid neutralisation capacity
- Defined 95Mt Product 3 material averaging 58% silicon dioxide content
- Confirmed limestone mineralisation extends more than 6km across concession area
- Completed drilling across limited western concession area near existing resource footprint
The Pitch - Werumata concession covers approximately 4,990 hectares in Timor Leste
- Limestone hosted within Baucau Limestone and Batu Putih Chalk formations
- All products require crushing and screening without metallurgical processing
- Open cut mining identified as economically feasible extraction method
- Project located 170km east northeast of Dili with sealed road access
The Next Overs - Negotiate commercial sales agreements with prospective customers
- Progress port land access negotiations with Timorese Government
- Conduct additional drilling targeting high grade limestone extensions
Read full ASX Announcement here. | | |
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Everest Metals Corporation (ASX:EMC) Maiden Resource Unlocks Revere Development Pathway | | |
Everest converted Revere into a near surface gold resource with open pit potential and substantial drilling runway. The Play - Maiden JORC MRE defines 15Mt @ 0.54 g/t Au for 260,780oz.
- More than 40% classified as Indicated Mineral Resources at Big John.
- Resource model indicates open pit mining with low stripping requirements.
- Mineralisation starts at surface and remains open along strike.
- Bulk sampling supports modelled 0.5 g/t resource grade.
The Pitch - Revere spans a 6 km gold bearing shear system.
- Only approximately 25% has been systematically drilled.
- Big John contains 13Mt @ 0.55 g/t Au for 228,307oz.
- Armstrong contains 2.01Mt @ 0.50 g/t Au for 32,307oz.
- Resource covers Big John and Armstrong deposits within the Revere Reef system.
The Next Overs - Complete complementary metallurgical test work.
- Progress scoping study.
- Execute resource expansion drilling and resource upgrade.
Read full ASX Announcement here. | | |
Sunstone Metals (ASX:STM) Eight Straight Hits Accelerate Bramaderos Growth Case | | |
Sunstone has now validated broad mineralisation outside its 3.6Moz resource across every new hole, reducing expansion risk. The Play - All 8 assayed holes hit broad mineralisation outside the 3.6Moz AuEq resource.
- Melonal returned 250.4m at 0.43 g/t AuEq from surface.
- Porotillo returned 200.5m at 0.42 g/t AuEq in PTDD001.
- Porotillo returned 150.1m at 0.53 g/t AuEq in PTDD003.
- Porotillo returned 140.4m at 0.45 g/t AuEq in PTDD002.
The Pitch - Bramaderos hosts 220Mt at 0.50 g/t AuEq for 3.6Moz AuEq.
- Copete Porotillo exploration target ranges from 135Mt to 180Mt.
- Target grade ranges from 0.40 to 0.60 g/t AuEq.
- Exploration target contains 1.7Moz to 3.5Moz AuEq.
- Bramaderos includes a broader porphyry exploration target of 4.1Moz to 11.2Moz AuEq.
The Next Overs Read full ASX Announcement here. | | |
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Unity Metals (ASX:UM1) Unity Keeps Hitting Across Entire Ngot System | | |
Unity has now intersected gold at every prospect drilled at Ngot, expanding confidence in a broader multi zone gold system. The Play - Gold discoveries are confirmed across all 4 drilled prospects at Ngot.
- Ngot NE first hole returned 6m @ 1.8 g/t Au from 143m.
- Ngot NE included 2m @ 4.3 g/t Au in 26DDNE001.
- Srolao returned 9.9m @ 1.9 g/t Au from 34.1m.
- Srolao included 0.7m @ 23.4 g/t Au in 26DDSL008.
The Pitch - Ngot NE sits closest to Emerald Resources Okvau Gold Mine.
- Ngot NE anomaly extends 2km to the licence boundary.
- Ngot NE hosts the project’s largest arsenic soil anomaly.
- Srolao hosts stacked gold soil anomalies extending over 1km.
- Assays are pending for 11 completed holes across Ngot.
The Next Overs - Receive assays for 6 completed holes at Ngot NE.
- Drill 2 additional planned holes at Ngot NE.
- Complete the remaining 8% of the drilling program.
Read full ASX Announcement here. | | |
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TG Metals (ASX:TG6) Van Uden Moves Closer To Low Cost Gold Production | | |
TG Metals is lifting recoveries and compressing development timelines, strengthening the case for near term heap leach production at Van Uden. The Play - Column leach recoveries exceeded 90% after a 52 day leaching period.
- Column Two reached an indicated 99.8% gold recovery after 52 days.
- Recoveries improved from 88% achieved after 35 days.
- Laterite resource totals 1.05Mt @ 0.52 g/t Au for 17,700oz.
- Transition material totals 1.85Mt @ 1.05 g/t Au for 62,400oz.
The Pitch - Van Uden hosts 7.94Mt @ 1.06 g/t Au for 270,800oz.
- Laterite sits at surface with no pre stripping required.
- Onsite processing removes trucking and milling costs.
- Used and new heap leach equipment sourcing is underway.
- Mining contractor engagement has commenced for earthworks and mining.
The Next Overs - Lodge the Mining Proposal for heap leach infrastructure.
- Release Scoping Study outcomes in Q2 2026.
- Final Investment Decision remains targeted for Q3 2026.
Read full ASX Announcement here. | | |
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Larvotto Resources (ASX:LRV) Larvotto Finds New Feed Without New Mining | | |
Larvotto may have added 1.4Mt of potential plant feed without mining a single new tonne, while accelerating rehabilitation of a legacy tailings facility. The Play - Initial flotation testwork achieved 80% to 95% antimony recoveries from TSF1.
- Initial flotation testwork achieved 40% to 75% gold recoveries from TSF1.
- Testwork confirms conventional flotation methods can process TSF1 material.
- TSF1 material may provide supplementary feed for the Hillgrove plant.
- Retreatment could recover metals while rehabilitating the legacy tailings facility.
The Pitch - TSF1 holds approximately 1.4Mt of historic tailings from 1982 to 2002.
- Hillgrove plant is scheduled to commence production in August 2026.
- TSF1 contains gold, tungsten and minor antimony from prior processing.
- Antimony head grades averaged 1.8 wt% Sb in testwork.
- Gold head grades averaged 1.6 g/t Au in testwork.
The Next Overs Read full ASX Announcement here. | | |
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Nelson Resources (ASX:NES) Nelson Secures Strategic US Tungsten Position | | |
Nelson secured low cost exposure to a proven US tungsten district beside a Department of Defense backed project before drilling begins. The Play - Nelson staked 186 BLM claims covering approximately 15.5km2 at Cinnamon.
- Desert Scheelite sits approximately 2km from Nelson’s Cinnamon claims.
- Cinnamon sits immediately west of Guardian Metal Resources Pilot Mountain.
- USGS magnetic data suggests the tungsten trend extends into Cinnamon.
- Nelson is fully funded for initial Cinnamon exploration.
The Pitch - Pilot Mountain hosts a foreign estimate of 10.478Mt @ 0.20% WO₃.
- Desert Scheelite contains approximately 16,600 tonnes of tungsten metal.
- Pilot Mountain received a US$6.2m Department of Defense award.
- US tungsten mine production has been absent since 2015.
- Cinnamon targets intrusive related skarn beneath shallow cover.
The Next Overs - Compile geological, geophysical and historical datasets.
- Complete mapping, prospecting, rock chip and soil sampling.
- Run high resolution geophysics and rank drill targets.
Read full ASX Announcement here. | | |
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Pure Resources (ASX:PR1) Bulk Sample Unlocks 3 US Defence Pathways | | |
Pure converted a single low cost field program into feedstock for 3 parallel US aligned downstream pathways without further near term mobilisation. The Play - Bulk sample now feeds 3 Defence Materials Platform pathways.
- More than 100 kg collected across 5 km of mapped strike.
- Industrial garnet advances ORNL HREE+Y recovery testwork.
- Material supports NAVSEA abrasive qualification and naval shipbuilding evaluation.
- Graphite samples support Rice University CNTF thermal management work.
The Pitch - Garnet Hill is 100% owned under granted Mining Lease ML80/416.
- Deposit contains andradite garnet and adjacent graphite rich gneiss.
- Graphite flakes measured 200 to 300 µm.
- ORNL partnership operates under Agreement No. NFE 25 10985.
- Project sits on strike of Green Critical Minerals’ Green Critical Minerals McIntosh Graphite Project.
The Next Overs Read full ASX Announcement here. | | |
Larvotto Resources (ASX:LRV) Larvotto Finds New Feed Without New Mining | | |
Larvotto may have added 1.4Mt of potential plant feed without mining a single new tonne, while accelerating rehabilitation of a legacy tailings facility. The Play - Initial flotation testwork achieved 80% to 95% antimony recoveries from TSF1.
- Initial flotation testwork achieved 40% to 75% gold recoveries from TSF1.
- Testwork confirms conventional flotation methods can process TSF1 material.
- TSF1 material may provide supplementary feed for the Hillgrove plant.
- Retreatment could recover metals while rehabilitating the legacy tailings facility.
The Pitch - TSF1 holds approximately 1.4Mt of historic tailings from 1982 to 2002.
- Hillgrove plant is scheduled to commence production in August 2026.
- TSF1 contains gold, tungsten and minor antimony from prior processing.
- Antimony head grades averaged 1.8 wt% Sb in testwork.
- Gold head grades averaged 1.6 g/t Au in testwork.
The Next Overs Read full ASX Announcement here. | | |
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Nelson Resources (ASX:NES) Nelson Secures Strategic US Tungsten Position | | |
Nelson secured low cost exposure to a proven US tungsten district beside a Department of Defense backed project before drilling begins. The Play - Nelson staked 186 BLM claims covering approximately 15.5km2 at Cinnamon.
- Desert Scheelite sits approximately 2km from Nelson’s Cinnamon claims.
- Cinnamon sits immediately west of Guardian Metal Resources Pilot Mountain.
- USGS magnetic data suggests the tungsten trend extends into Cinnamon.
- Nelson is fully funded for initial Cinnamon exploration.
The Pitch - Pilot Mountain hosts a foreign estimate of 10.478Mt @ 0.20% WO₃.
- Desert Scheelite contains approximately 16,600 tonnes of tungsten metal.
- Pilot Mountain received a US$6.2m Department of Defense award.
- US tungsten mine production has been absent since 2015.
- Cinnamon targets intrusive related skarn beneath shallow cover.
The Next Overs - Compile geological, geophysical and historical datasets.
- Complete mapping, prospecting, rock chip and soil sampling.
- Run high resolution geophysics and rank drill targets.
Read full ASX Announcement here. | | |
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Pure Resources (ASX:PR1) Bulk Sample Unlocks 3 US Defence Pathways | | |
Pure converted a single low cost field program into feedstock for 3 parallel US aligned downstream pathways without further near term mobilisation. The Play - Bulk sample now feeds 3 Defence Materials Platform pathways.
- More than 100 kg collected across 5 km of mapped strike.
- Industrial garnet advances ORNL HREE+Y recovery testwork.
- Material supports NAVSEA abrasive qualification and naval shipbuilding evaluation.
- Graphite samples support Rice University CNTF thermal management work.
The Pitch - Garnet Hill is 100% owned under granted Mining Lease ML80/416.
- Deposit contains andradite garnet and adjacent graphite rich gneiss.
- Graphite flakes measured 200 to 300 µm.
- ORNL partnership operates under Agreement No. NFE 25 10985.
- Project sits on strike of Green Critical Minerals’ Green Critical Minerals McIntosh Graphite Project.
The Next Overs Read full ASX Announcement here. | | |
Xenitra Limited (ASX:XEN) Tokenised FMCG sales surpass $500k launch month | | |
Xenitra announced more than $500,000 OPAL ecosystem sales within the first launch month in China. The Play - Generated more than $500,000 OPAL ecosystem sales during first commercial launch month
- Onboarded more than 130 distributors into tokenised FMCG sales ecosystem across China
- Recorded more than 12,000 livestream viewers during OPAL ecosystem launch event
- Linked OPAL token distribution directly with customer FMCG product purchases
- Commenced additional brand integration discussions across Australia and Asia
The Pitch - OPAL ecosystem combines blockchain tokenisation with FMCG ecommerce distribution channels
- Xenitra operates distributor, ecommerce and livestream infrastructure across China and Australia
- OPAL tokens distribute automatically through qualifying customer product purchases
- Token reserve funds ecosystem rewards and member benefit redemptions
- OPAL ecosystem supports expansion across brands, products and geographic markets
The Next Overs Read full ASX Announcement here. | | |
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